Proposed tax break in Iowa raises questions

Does GOP plan hurt Branstad's agenda or stifle state growth?

12:06 AM,
Jan. 28, 2013

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Legislative Republicans are confident that a massive tax break could return up to $375 to every taxpayer in the state and stand as the defining accomplishment of Iowa's 85th General Assembly.

But in these early days of the new legislative session, the proposal raises more questions than it answers and may present complications to the agenda of Gov. Terry Branstad, a fellow Republican.

"Sessions and General Assemblies, they're going to be remembered for one or two things," said Rep. Peter Cownie, the West Des Moines Republican who will guide the tax credit proposal through the House. "I ...